Shiba Inu price consolidates inside a symmetrical triangle after surging 67% from September 18 to September 27. The days following this spike comprised lower highs and lower lows, forming a symmetrical triangle likely to break out in the direction of the preceding trend.
Leading cryptocurrencies slipped Sunday as worries over high inflation and the U.S. government's potential Bitcoin liquidation weighed on the market.
When the recovery momentum around the $0.000017 level was lost, Shiba Inu's current price pattern was deemed invalid. It appears that the symmetric triangle pattern that once suggested a breakout is weaker now.
Shiba Inu is facing growing uncertainty as whales offload 1 trillion SHIB in a massive sell-off. With whales retreating and SHIB struggling to break resistance, the market is bracing for potential downward pressure on the token.
Shiba Inu (SHIB), the parody coin that hit the headlines in 2021, has reignited investor interest. Based on the examination of crypto expert Javon Marks, the token has recently emerged from a declining wedge formation, which may suggest that a substantial price increase is in the offing.
Lucie, the Marketing Lead for Shiba Inu (SHIB), has forecasted a potential 1000% surge for the meme coin's ecosystem within a matter of days. This optimistic outlook comes against a backdrop of significant market volatility and impressive long-term gains for SHIB.
Crypto analysts have continued to make ambitious price targets regarding how high the Shiba Inu price and the Dogecoin price can rise in the long term. However, several factors indicate the Shiba Inu price and Dogecoin price might eventually reach these price targets.
The last day of the week has turned out to be bearish for the crypto market, according to CoinStats.
According to on-chain data, dog-themed cryptocurrency Shiba Inu (SHIB) is facing a significant price cluster that holds 430 trillion SHIB tokens.
Even though it's the weekend, the crypto market does not sleep as trades are made 24 hours a day, seven days a week. While volatility may be low these days, there's still room for things to happen.
On-chain data shows that Shiba Inu has been having a difficult time lately. As per the most recent data, SHIB has witnessed a meager 1 trillion SHIB transactions over the past 24 hours, which is a significant decline from the seven-day peak of 4 trillion SHIB on Oct. 9.
Trends are cyclical and while a few digital coins appeal to the general populace a little more than others, others fade away. Keeping in mind the latest trends, cryptocurrencies such as Dogecoin (DOGE) gained much popularity due to the social media ‘hype' among clients and endorsements from celebrities, and in the year 2021, it reached its actual deep growth and surprising shots.
Dogecoin's network activity has reached new highs, but will this affect DOGE's price?
Dog-themed cryptocurrency Dogecoin (DOGE) has recently experienced a significant surge. However, this surge is not reflected in its price but rather in its network activity.
NEIRO, a rising meme coin competitor to SHIB, has recently reached a new all-time high, catapulting it into the top 100 cryptocurrencies by market cap.
Shiba Inu struggling against new competitors: is the future of the famous crypto meme threatened? Discover it here.
The weekend was buzzing with noteworthy stories from the world of cryptocurrency. From the sudden surge in Donald Trump's presidential election odds on Polymarket to speculations about the real identity of Bitcoin's creator, and cryptic posts from Shiba Inu‘s (CRYPTO: SHIB) lead developer, the crypto community had a lot to talk about.
Dogecoin is currently in a consolidation phase following days of sharp volatility and wild price swings. Since the start of October, the meme coin has been trading within a tight sideways range, leaving some investors concerned about whether the anticipated rally for DOGE will ever materialize.
Dogecoin is currently stuck in a consolidation range between $0.1 and $0.13. Can DOGE finally rally?
Recent on-chain data shows that short-term trading activity for meme coins has been increasing, which could lead the Dogecoin price to rally. Dogecoin's recent 65% price retracement aligns with the typical pattern following a breakout from a multi-year descending triangle, setting the stage for a potential bull rally.
Bulls have turned out to be more powerful than bears on Saturday, according to CoinStats.
Shiba Inu (SHIB) has recorded a significant uptick after struggling to break above the resistance level of $0.00001750. The dog-themed meme coin's price shift follows an incredible spike in its burn rate.
Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant price increase, soaring as much as 7% in the last 24 hours.
The Shiba Inu (SHIB) community has recently been put on high alert following a crucial warning about potential scams targeting its members.
Leading crypto assets manager Grayscale, has updated its list of assets under consideration for an investment product to include 36 cryptocurrencies, cutting across multiple categories from meme coins to AI-related projects.
Neiro (NEIRO), also known as NEIRO CTO, a meme coin dedicated to "Kabosu sister" Neiro, hit a new price all-time high today. After an unbelievable 32% spike in less than 24 hours, Neiro (NEIRO) sensationally dwarfed Bittorrent (BTT), Notcoin (NOT) and Starknet (STRK) in the list of the largest cryptocurrencies.
Shiba Inu (SHIB) price is showing promising signs of recovery as the market rebounds. With the broader cryptocurrency market regaining momentum, SHIB has emerged as a standout in the meme coin sector, demonstrating notable growth potential.
The Solana-based dogwifhat (WIF) is an emerging memecoin that has gradually gathered investors' attention with high momentum rally and whale movement. This community-driven token features a Shiba Inu dog wearing a pink knitted hat.
The enigmatic leader of the Shiba Inu team, famous in the crypto space as Shytoshi Kusama, has published several tweets to tease to the community a new “friendshib” with a legendary car maker DeLorean Motor Company. The official SHIB account also mentioned an upcoming “partnershib” with this company but did not provide any details.
Shiba Inu may be on the verge of a breakout. A new high for the memecoin soon?
Shiba Inu is getting close to the point where a symmetrical triangle pattern on the chart indicates a big price move may be about to occur. When an asset leaves the triangle's bounds, these patterns have historically suggested that volatility may increase.
Dogecoin (DOGE) is gradually recovering from the start-of-October crypto market crash, which saw the altcoin sector shed significant value. Despite this bullish sign, investors are migrating to tokens that promise astronomical returns by Q1 2025.
Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,000.44 +5.8% Ethereum (CRYPTO: ETH) $2,459.54 +4.3% Solana (CRYPTO: SOL) $145.88 +6.2% Dogecoin (CRYPTO: DOGE) $0.111 +6.2% Shiba Inu (CRYPTO: SHIB) $0.00001775 +8.2% Notable Statistics: IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%.
A whimsical ride with crypto's most adored dog: the iconic Shiba Inu takes Tesla's robot taxi for a test drive.
Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.
A sudden single-day spike by Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) has prompted traders to predict an upcoming bull run for the meme coin leaders. What Happened: With Dogecoin prices reflecting a relatively flat performance over the past week, an analyst who goes by “Kevin” on X, outlined his thoughts on the trajectory of Dogecoin.
SHIB has struggled to record any gains in the past few weeks, with its price plunging substantially.
Dogecoin dominates short-term trading in meme coins, while DEGEN showing strong activity.
The race to $1 gets heated up for Dogecoin price, XRP price, and the ETFSwap (ETFS) tokens, with all three altcoins vying for attention.
The pseudonymous Shiba Inu marketing expert known to the crypto community as Lucie has addressed the SHIB army about the current state of the crypto market, as well as the FUD and insults the team has been hearing from users recently, including threats against Shytoshi Kusama.
Elon Musk, the CEO of Tesla and a well-known advocate for Dogecoin, has once again ignited excitement within the DOGE community. During the unveiling of Tesla's new autonomous vehicle, the “Cybercab,” a Shiba Inu—the breed synonymous with Dogecoin—was prominently featured, sending DOGE enthusiasts into a frenzy.
With a 2.7 trillion SHIB volume registered in the last 24 hours, Shiba Inu may be preparing for a resurgence following a notable uptick in on-chain activity. Considering the present technical and on-chain indicators, this spike potentially signals a turnaround in the token's price action and suggests a growing interest in it.
Elon Musk, the CEO of Tesla, has once again stirred excitement among the Dogecoin community by featuring a Shiba Inu dog in the promotional material for Tesla's newly unveiled product, the Robotaxi. This move, highlighted during a live presentation, has sparked conversations and enthusiasm within the Dogecoin community.
Crypto analyst Dima James has predicted an explosive rice rally for the Dogecoin price. Interestingly, the analyst raised the possibility of a price surge to as high as $10 and provided an analysis to show why it is possible.
The crypto space turns volatile amid the US consumer price increase in September. Amid the growing volatility, Bitcoin momentarily broke $59k. However, the top meme coin, DOGE, shows a bullish reversal possibility. Despite the 1.82% drop yesterday during the broader market correction, the DOGE price trend sustains dominance above $0.10.
Shiba Inu (SHIB) price has seen a sharp decline recently, raising questions about its future. Following a recent market correction, the token's value dropped substantially, sparking worries among both investors and followers.
Dogecoin is now at a crucial demand level after a 4% rise from local lows, stirring serious speculation in the market. The meme coin has caught the attention of analysts and traders, with mixed opinions about its next move.